Solvay Agrees to Buy Rhodia, Combines Its Plastics Units
Solvay of Brussels, Belgium, signed an agreement last month to offer a friendly cash offer for Rhodia of Paris, France.
Solvay of Brussels, Belgium, signed an agreement last month to offer a friendly cash offer for Rhodia of Paris, France. Rhodia is known particularly for its nylons, which Solvay does not produce.
Meanwhile, Solvay combined its Solvay Advanced Polymers (high-performance engineering resins), Solvay Solexis (fluoropolymers), SolVin PVDC (barrier resin), and Solvay Padanaplast (crosslinkable PE and olefin elastomers) into a new unit called Solvay Specialty Polymers. They will be integrated into a single global enterprise by the end of the year.
Related Content
-
What is the Allowable Moisture Content in Nylons? It Depends (Part 1)
A lot of the nylon that is processed is filled or reinforced, but the data sheets generally don’t account for this, making drying recommendations confusing. Here’s what you need to know.
-
What's the Allowable Moisture Content in Nylons? It Depends: Part 2
Operating within guidelines from material suppliers can produce levels of polymer degradation. Get around it with better control over either the temperature of the melt or the barrel residence time.
-
Prices of Volume Resins Drop
Price relief is expected to continue through the fourth quarter for nine major commodity and engineering resins, driven by widespread supply/demand imbalances.
